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You’re the one who wanted to include other types of government debt. I was talking specifically about student debt in the first instance. Bottom line, I don’t w
by sys_64738 4y ago
You’re the one who wanted to include other types of government debt. I was talking specifically about student debt in the first instance. Bottom line, I don’t want students leeching off my taxpayer dollars. If they can’t pay it back then that’s their problem but they won’t escape their debt commitment if I have any say.
- eesmith 4y agoAgain I ask why student loans are so special compared to all other government loans. Do you want veterans leeching off your taxpayer dollars via VA loans and then declaring bankruptcy? Do you want homeowners leeching of your taxpayer dollars via HUD loans and then declaring bankruptcy?
- sys_64738 4y ago1.6 trillion reasons.
- eesmith 4y agoYes, that's an argument for why student debt, like other government debts, should be discharable through bankruptcy. Had normal bankruptcy law applied, the accumulated debt would be nowhere near this high. It isn't, however, a justification for why student debt should be treated so specially.
- sys_64738 4y agoIt's plenty justification. The federal government should not be in the student loans business as it is responsible for this debt mountain.
- eesmith 4y agoRight, and the debt mountain occurred in part because the government was irresponsible when they made student debt extremely hard to discharge, compared to other sort of government debts. Since the government was also responsible for the mountain, they also need to be part of the solution. Which can include forgiving debt.